Night Bank Now Open.
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Night Bank Now Open.

NIGHT BANK NOW OPEN.

Depositors Can Get Breakfast
Money Before Daylight Dawns.

    A representative of the Brook Club, known as the club that, like Tennyson's "Brook," "runs on forever," stood in the front of the receiving teller's window of the Night and Day Bank, at 45th street and Fifth avenue, from 9 o'clock yesterday morning until the bank opened for its first night's business, at 6 o'clock. The governors of the Brook Club thought it proper that their club should be the first to make a deposit in the bank that is to be open twenty-four hours of every business day.
    There was a reception in the afternoon, when the doors were thrown open for an inspection of the bank and its annex, the safe deposit vaults. A wide marble staircase leads to the latter, and on each side are luxuriously equipped rooms finished in California redwood and mahogany.
    Oakleigh Thorne, the bank's president, was formerly president of the National Switch and Signal Company, the North American Trust Company and the Trust Company of America. He is a director in the National Bank of Tacoma, Wash. Joseph W. Harriman, the vice-president, is a member of the arm of Harriman & Co. He was formerly cashier of the Merchants' National Bank, of this city. Gerardus M. Wynkoop, vice-president and executive officer, is the son of Dr. G. H. Wynkoop. His work in the financial district having attracted attention while he was secretary and vice-president of the North American Trust Company, he was chosen to establish the Night and Day Bank, and for the last ten months has devoted himself entirely to that work, with most creditable success. Harrison K. Bird is cashier and secretary of the new bank; William G. Hoffman, assistant cashier, and G. L. Wilmerding, night manager.
    The deposits up to 10 o'clock last night had exceeded $200,000.


Source:

Unknown, "Night Bank Now Open," New-York Tribune, Tuesday, 1 May, 1906, page 4.

Created March 25, 2007; Revised March 25, 2007
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